News
Unexpected $115B+ Insured Loss Needed to Harden Property Market: Gallagher Re
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the reinsurance industry ...
NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights
Joby Aviation Inc. is planning to fly electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise ...
Ex-Ransomware Negotiator Pleads Guilty to Extorting U.S. Victims, $10M in Assets Seized
A Florida man, formerly employed as a ransomware negotiator, pleaded guilty to conspiring to commit ransomware attacks against U.S. companies in 2023, according to an announcement by the U.S. ...
Thousands of Roundup Lawsuits Hinge on Bayer’s U.S. Supreme Court Case
The U.S. Supreme Court heard arguments on Monday in Bayer's bid to limit thousands of lawsuits alleging that the German company's Roundup weedkiller causes cancer in a case that is one part of ...
Multiples Homes Destroyed, 2 Dead After Tornadoes Strike Northern Texas
A tornado-producing thunderstorm left at least two people dead in northern Texas and displaced at least 20 families, with many homes sustaining major damage, authorities said Sunday. At least one ...
Executive View: AI Strategy in Insurance Requires Plug-and-Play Operating Model
The insurance industry is entering a phase of artificial intelligence (AI) adoption where the primary constraint is no longer capability. Most core use cases, including submission intake, ...
Officially Retired: Liberty Mutual’s Safeco Brand Sunsets
Liberty Mutual confirmed that the previously announced sunset of the Safeco Insurance brand is officially done. The company's auto, property and specialty lines business in the independent agent ...
EY and IIF: Four in Five CROs Rank Cyber Among Top Risks
Eighty percent of insurance chief risk officers rank cyber among their top five risks, according to a new report from EY and the Institute of International Finance. That was up 14 percentage points ...